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Comment on Nvidia loses $500 bn in value as Chinese AI firm jolts tech shares

ngl I’m still confused

what the tech they made can actually do

It’s AI, it does AI things, is it because China can now do the things we do (coding/development/search queries etc) that are just as good as America that it’s a problem?

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Bronzebeard@lemm.ee ⁨1⁩ ⁨day⁩ ago
It has nothing to do with it being China. They just figured out how to do it more efficiently and with lower powered chips, meaning nvidia’s market dominance in high end chips that they could charge whatever they wanted for just for is legs cut out from under them. If you don’t need as many to run AI, Nvidia won’t sell as many.

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- Eyekaytee@aussie.zone ⁨1⁩ ⁨day⁩ ago
  So the idea with this comment:
  
  The number of people repeating “I bet it won’t tell you about Tianamen Square” jokes around this news has - imho - neatly explained why the US tech sector is absolutely fucked going into the next generation.
  
  is that people have misplaced their concern, not at the fact that it’s censored but that the US has lost the technology high ground and won’t get it back for at least a generation?
  
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